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Sponsored by Lorman Education
Product ID: 408380EAU
 
Credit & Course Provided by:

Change Order Basics in New York

OnDemand Webinar (87 minutes)

Change orders are a fact of life for any construction project, be prepared to handle them.Plans and specifications are not perfect, and there are numerous reasons that changes must be incorporated in a project during construction. Change orders are such an integral part of a project that almost every form of contract includes changes provisions to address how to handle inevitable change orders. This topic will address the basic issue of what a change order is and discuss the differences in change orders in various project delivery methods. This topic will also address time impacts/extensions of time and pricing of change orders looking at how both the owner and contractor have important issues and factors to consider.

Authors

Michael E. Bauerschmidt, Nautilus Consulting, LLC Eric J. Wallwork, Nautilus Consulting, LLC Joseph W. Wallwork, Nautilus Consulting, LLC

Agenda

Basics of Change Orders

• Types of and Reason for Change Orders

• Change Order

• Change Orders in Differing Project Delivery Methods

Change Order Impacts

• Negatives

• Sequence/Access Changes

Time Impacts

• Delays

• Acceleration

• Compression

• Critical and Non-Critical Delays

• Extensions of Time

Pricing/Cost of Change Orders

• Typical Costs Allowed

• Estimating

• Impacts to Cost

• Cost Pitfalls

• Unit Price Variations in Quantity

Change Order Negotiations

• Scope

• Delayed/No Agreement

• Failed Negotiations

• Successful Change Order Implementation